66445 5th Street
Property Overview
Maximize your rental yield with this turnkey, centrally located duplex in the heart of Desert Hot Springs. Featuring strong tenant history, individual meters, and good rental history. This asset is optimized for cash flow from day one.OVERSIZED HOMES: Note these units are extremely easy to rent due to their rare and huge 1144 sq foot living spaces. Financial & Investment Highlights: Gross Rental Income: Unit A generates $1,495/month; Unit B generates $1,330/month. Guaranteed Cash Flow: Approximately half of Unit B's rent is securely subsidized by the Housing Assistance Program (HAP). Tenant-Paid Utilities: Units are individually metered for electricity and gas to keep owner expenses low. Owner Expenses: Covered costs are water and trash services.Property Configurations & Amenities: Unit A (2 Bed / 1 Bath): Generates $1,495/month in market-rate rent from a reliable occupant. Unit B (2 Bed / 1 Bath): Generates $1,330/month with predictable, with 50% government-backed HAP assistance payments. Spacious Layouts: Mirrored floorplans boasting 1,144 square feet of optimized living space per unit. Climate Control: Energy-efficient central heating and AC paired with cooling ceramic tile and luxury vinyl bedroom flooring. Kitchens: Full appliance setups including a dishwasher, gas stove, and refrigerator with a built-in breakfast bar. In-Unit Laundry: Separate laundry inside each unit to maximize tenant retention and convenience. Exterior Features: Large, covered front patios for outdoor relaxation and off-street parking accommodating up to four vehicles. Possible small RV or boat parking too.Prime Central Location: Walker's Paradise: Located in central Desert Hot Springs with a two-minute walk to daily necessities like the Dollar General and dining at Las Palmas Mexican Restaurant
Home Details
- Property type
- Residential Income
- Year built
- 1980
- Lot size
- 6,970 sq ft
- Parking
- 12 spaces
- Carport
- 4 spaces
- Stories
- 1
- Days on market
- 0
- MLS status
- Active
Features & Amenities
Appliances
- Dishwasher
- Disposal
- Gas Range
- Refrigerator
- Vented Exhaust Fan
- Water Heater
Parking
- Covered
- Shared Driveway
- Side By Side
Lot
- Near Public Transit
Community, Schools & Utilities
Community
- Subdivision
- Agua Dulce
Utilities
- Heating
- ForcedAir,NaturalGas
- Cooling
- CentralAir,Gas
- Sewer
- Unknown
Location & Neighborhood
Frequently Asked Questions About 66445 5th Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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